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Eni on Hunt for Buyer as it Looks to Unload Australian Gas Assets

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   |    Friday,May 15,2020

Eni SPA has tapped an advisor as it moves to find a buyer for its Australian gas assets, according to a report by Reuters.

The company has tapped Citi to aid in the sale, which could fetch up to $1.0 billion.

Eni's Australia assets include:

  • Blacktip Gas Project - offshore Northern Territory
  • Stake in the Bayu-Undan field
  • Stake in the Darwin LNG Plant

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